The Great Flood Drought of '64

[granite75]

When he dies, the market will be Flooded.

[almostdone]

Originally Posted by granite75

When he dies, the market will be Flooded.

Boooo

[vintagecpa]

I don't know how his relatives will ever rewind this collection. Can you imagine 4,000+ of these cards hitting the market without him bidding them up?! Even if you try and slowly sell it off, selling one card a day will take 11 years at the current inventory.

[BearBailey]

Now I understand why it was so hard to find that card when I completed my set around 5 years ago. How long has he been collecting them?
And Why?

[glynparson]

If it brings him joy. It is rather judgmental to criticize the man for the way he enjoys collecting cardboard. It is rather selfish of the individuals that claim this will cost them more to buy a flood 1964. why do they have a right to own a card, or at least feel or express that they do?

[savedfrommyspokes]

IMO, no matter how many copies of this card he has accumulated to this point, the price for ungraded, less than high grade copies will subside once he "retires" from his current and ongoing endeavor of acquiring as many copies of this card as he can, as the market will become "saturated"(not flooded).

[whiteymet]

I recall a guy back in the day at the old Willow Grove, PA shows outside of Philly doing the same thing with the 58T Hemus card.

Any Philly guys recall this?? Ted Z?????

[Leon]

Originally Posted by glynparson

If it brings him joy. It is rather judgmental to criticize the man for the way he enjoys collecting cardboard. It is rather selfish of the individuals that claim this will cost them more to buy a flood 1964. why do they have a right to own a card, or at least feel or express that they do?

I am with you on this one Glyn. I think the guy should buy 4000 more if it makes him happy.

[HRBAKER]

why do they have a right to own a card, or at least feel or express that they do?


Glyn,
It's referred to as the "John Titus" syndrome.

[brett 75]

Originally Posted by vintagecpa

I don't know how his relatives will ever rewind this collection. Can you imagine 4,000+ of these cards hitting the market without him bidding them up?! Even if you try and slowly sell it off, selling one card a day will take 11 years at the current inventory.

Would there be enough people actually interested to sell all of them ? How many collectors want or still need this card ? Could take even longer to sell off. Looks to me like a lot of $ invested in cards and grading . I myself prefer a little more diversified collection but to each his own. Brett